hnsmurf
Joined 15 years ago
Joined 15 years ago
If you are a movie studio, SOPA is a great idea for your bottom line.
I don't think it's fair to call everyone who is in favor of SOPA either evil or stupid, even if SOPA itself is both. I can understand why YC wouldn't want them around, but I can't necessarily say they wouldn't be good investors.
Rolling reserves are not uncommon for merchant accounts. PayPal didn't event them. 30% is on the high side but if PayPal feels the merchant is risky they should have the right to ask for it. There are other merchant accounts out there this guy can use.
Every day a bunch of people who want printed photos die, and a bunch of people who will never want one are born. That's not a good spot to be in for the long term.
After deregulation, especially in the advent of low cost regional carriers, there have simply been too many airlines. Bankruptcies and consolidation are going to take care of that very soon. This happens all the time in new industries (and the airline industry is effectively new since deregulation reshaped it so much).
1) Everyone who has run an airline for 30 years is an idiot. It never occurred to them that people would pay more for better service, even though they all went to prestigious b-schools. The author of this blog post is a genius.
2) The author of this blog post has no idea about the myriad of government regulations and economic realities of the airline industry.
If I'm ever arrogant enough to assume #1, shoot me.